The CNIL wisely points out, “Blockchain is not always the best technology for all processing of data; it may be the source of difficulties for the controller with respect to its GDPR obligations.”
"In France, as everywhere in the world, blockchain projects face many uncertainties and complexities, whether financial, legal, or technical. Yet this technology will revolutionize our daily lives."
France’s Minister of Finance and Economics, Bruno Le Maire has written an uncharacteristically optimistic exposition on the nature of cryptocurrency and blockchain technology:
France’s biggest bank BNP Paribas is reportedly testing the idea of adding bitcoin to one of its currency funds, a source at the bank told International Business Times...